Is a Recession Looming for the U.S. This Year?

Is a Recession Looming for the U.S. This Year?

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the potential risk of a recession by the end of the year or in 2017, highlighting concerns about overextension of credit, especially in oil and gas, and manufacturing contraction. It examines the role of consumer spending, particularly auto sales, in propping up the economy. The video also addresses warnings from financial authorities about leveraged lending and economic indicators, and concludes with an analysis of the housing market, suggesting a modest recession similar to 2001.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons cited for the potential recession by the end of the year?

Overextension of credit in the oil and gas sector

Increase in manufacturing jobs

High consumer confidence

Strong housing market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent economic report showed improvements in the manufacturing sector?

Federal Reserve's Beige Book

Consumer Confidence Index

New York Stock Exchange report

Dallas Fed report

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the weaker dollar affected the manufacturing sector?

It has had no impact on manufacturing

It has bolstered manufacturing temporarily

It has led to a decrease in manufacturing output

It has caused a permanent increase in manufacturing jobs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of the credit cycle kicking in?

Increase in subprime auto loans

Reduction in auto sales

Expansion of retail sales

Growth in the housing market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of housing starts compared to historical business cycles?

At peak levels

Higher than ever before

Unchanged from last year

Equivalent to the trough of every business cycle since 1950